Coinbase just raised $300 million in its series E round, bringing its valuation to a whopping $8 billion.Read more ...

Bitcoin exchange Coinbase is now valued at $8 billion after raising another mega round of funding

Anthony Harvey / Stringer
Coinbase is now officially valued at $8 billion.
The bitcoin exchange announced a $300 million Series E on Tuesday, with a mega valuation to match.
That means the cryptocurrency startup is publicly valued higher than Slack and Instacart.
The popular cryptocurrency exchange Coinbase is now valued at $8 billion following a mega funding around, the company announced Tuesday.
That round, led by Tiger Global Management, infuses the crypto startup with $300 million to "accelerate the adoption of cryptocurrencies and digital assets," according to the company.
Y...Read more ...

Term Sheet - Tuesday, October 30

CRYPTO FUNDING Good morning, Term Sheet readers.
Coinbase, the most popular cryptocurrency exchange in the U.S., raised $300 million in Series E funding that values the company at $8 billion. Tiger Global led the round, and was joined by investors including Wellington Management, Y Combinator's Continuity fund, Andreessen Horowitz and Polychain Capital.
The fresh infusion of capital will be used to accelerate global expansion and the offering of more cryptocurrencies.
A source close to Coinbase told my colleague Jeff John Roberts that the company will also be bringing on other investors in...Read more ...

Bitcoin exchange Coinbase is now valued at $8 billion after raising another mega round of funding

Coinbase is now officially valued at $8 billion.
The bitcoin exchange announced a $300 million Series E on Tuesday, with a mega valuation to match.
That means the cryptocurrency startup is publicly valued higher than Slack and Instacart.
The popular cryptocurrency exchange Coinbase is now valued at $8 billion following a mega funding around, the company announced Tuesday.
That round, led by Tiger Global Management, infuses the crypto startup with $300 million to "accelerate the adoption of cryptocurrencies and digital assets," according to the company.
Y Combinator Continuity, Wellington...Read more ...

Bitcoin exchange Coinbase is now valued at $8 billion after raising another mega round of funding

Coinbase is now officially valued at $8 billion.
The bitcoin exchange announced a $300 million Series E on Tuesday, with a mega valuation to match.
That means the cryptocurrency startup is publicly valued higher than Slack and Instacart.
The popular cryptocurrency exchange Coinbase is now valued at $8 billion following a mega funding around, the company announced Tuesday.
That round, led by Tiger Global Management, infuses the crypto startup with $300 million to "accelerate the adoption of cryptocurrencies and digital assets," according to the company.
Y Combinator Continuity, Wellington...Read more ...

Coinbase is now valued at $8B after closing new $300M round

Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding .
The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator's Continuity fund, Wellington Management - a $1 trillion fund that recently got into crypto - Andreessen Horowitz and Polychain among others.
The deal takes Coinbase to $525 million from investors to date, while the valuation represents a huge jump on the $1.6 billion it was deemed to be worth when it previously raised - that was $100 million back in August 2017...Read more ...

Coinbase is now valued at $7B after closing new $300M round

Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding .
The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator - via its Continuity fund - in addition to Wellington Management, Andreessen Horowitz and Polychain among others.
The deal takes Coinbase to $525 million from investors to date, while the valuation represents a huge jump on the $1.6 billion it was deemed to be worth when it previously raised - that was $100 million back in August 2017 .
The company has made a big...Read more ...

Coinbase, the most popular cryptocurrency exchange in the U.S., announced on Tuesday a massive Series E funding round that values the company at $8 billion.
The company announced the $300 million investment in a blog post, which said the financing is being led by New York-based Tiger Capital, and will be used to accelerate global expansion and the offering of more cryptocurrencies.
“We see hundreds of cryptocurrencies that could be added to our platform today and we will lay the groundwork to support thousands in the future,” wrote Coinbase Chief Operating Officer Assif Hirji in the...Read more ...